Controller - Director of Accounting (Commercial Real Estate)
Bisnow · Manhattan Beach, CA · 2 days ago
On-siteAccountingFull-time
Key Responsibilities
- Accounting & Financial Management
- Oversee all accounting and financial reporting functions for the company’s portfolio of properties, entities, and related businesses.
- Manage accounting across 40+ legal entities and approximately 100 properties.
- Supervise monthly, quarterly, and annual close processes.
- Ensure accurate property-level, entity-level, and consolidated financial reporting.
- Oversee accounts payable, accounts receivable, bank reconciliations, intercompany transactions, owner distributions, lender reporting, and cash management.
- Review general ledger activity and ensure proper accounting treatment across all entities.
- Cook with outside CPAs, tax advisors, auditors, lenders, investors, and internal ownership.
- Maintain strong internal controls and ensure financial information is accurate, timely, and useful for management decision-making.
- Budgeting, Forecasting & KPI Reporting
- Lead the annual budgeting process for the company, its entities, and its property portfolio.
- Create and maintain property-level, entity-level, and company-level budgets.
- Develop budget-to-actual reporting and variance analysis for ownership and senior management.
- Build financial forecasts, cash flow projections, and capital planning reports.
- Establish and manage recurring KPI reporting for the company’s accounting, finance, property management, leasing, maintenance, and operational functions.
- Identify the most important financial and operational KPIs for the business and create a consistent reporting cadence around them.
- Track and report on metrics such as occupancy, collections, delinquency, operating expenses, NOI, cash flow, maintenance costs, leasing velocity, debt service coverage, entity-level performance, and department productivity.
- Work with ownership to turn accounting data into practical management insights and decision-making tools.
- Improve visibility into portfolio performance through dashboards, recurring reports, and clear executive summaries.
Qualifications
- Minimum 10+ years of accounting experience.
- Significant experience managing accounting operations for a complex business.
- Demonstrated ability to organize and manage an entire accounting and finance department.
- Strong understanding of financial statements, general ledger accounting, reconciliations, cash management, budgeting, forecasting, and internal controls.
- Experience managing multiple entities, properties, cost centers, or business units.
- Proven ability to create and manage SOPs, workflows, checklists, and reporting systems.
- Ability to create, manage, and report on company KPIs.
- Strong leadership, communication, and organizational skills.
- Comfortable working in a fast-moving entrepreneurial environment.
- Willingness to be both a high-level strategic thinker and a hands-on accounting operator.
- Strongly Preferred Experience with AppFolio.
- Real estate, property management, or real estate investment accounting experience.
- CPA license.
- Experience managing offshore accounting personnel or outsourced accounting support.
- Experience implementing automation, AI tools, or technology-enabled accounting processes.
- Experience building dashboards, budget-to-actual reports, financial models, and KPI reporting systems.
- Experience working with ownership, investors, lenders, and outside tax professionals.